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Ashuelot, NH FHA Loans in New Hampshire
FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.
FHA loans offer Ashuelot, NH residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.
Return to fha loans in the state of NH
| Ashuelot, New Hampshire News |
Time is running out for some spots
The headwaters of the Ashuelot River, which provide drinking water for many in southwestern New Hampshire, are now for sale, part of 1,800 acres that includes frontage on Sand and Long Ponds and trails up ...
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The lessons from a near-fatal experience
Each year, the Darwin Awards commend human beings from across the globe for committing acts of outstanding stupidity that claim their lives. via The Equinox
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Cold spring rivers pose danger for boaters
"If you are going to go into the water in the spring you should be aware of what you will encounter." With the U.S Army Corps of Engineers getting ready for the annual spring release this weekend at the Ball Mountain Dam, officials are warning boaters that the waters throughout New England are still running ... via The Brattleboro Reformer
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Kayaker critical after capsizing
A kayaker from Massachusetts is in critical condition after his boat capsized in Keene (New Hampshire) and he was pulled under repeatedly in the turbulent Ashuelot River. Thirty-three-year-old Mark Boucher of Ashburnham was kayaking with a group of friends Sunday, when his boat was pulled under near waterfalls. Keene police say Boucher and his boat went under and rolled over repeatedly in the force of the current. Two friends got him to shore and performed CPR. He was flown to Dartmouth-Hitchcock Medical Center. Read more
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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